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The economies of Latin America and the Caribbean are faced slow
growth given the low productivity that occurs in their countries.
When looking at the bottom of the problem which has Latin America
we realize that primarily productivity growth region has as many
countries allocate resources to small businesses (which do not have
high productivity) .
In all countries the least productive firms are smaller The
fundamental problem of productivity in the region is that countries
spend too many resources in small businesses and low productivity.
What is PHVA?
PHVA in planning is the series of steps that occur in the same cycle ,
its abbreviations mean: